On 8. Nov. 2019, cashgate AG announced the sale of its rental guarantee business currently operating under the brand “SmartCaution” to a group of real estate management companies.
IFBC acted as a sole M&A advisor to cashgate within this successful sell-side transaction. As part of the transaction, IFBC developed a transaction structure, performed a valuation, organised the due diligence and assisted the selling company during the negotiations.